In a move that secures the future of one of motorsport’s crown jewels, Formula 1 announced on Thursday that the iconic Monaco Grand Prix will remain on the calendar until at least 2031. The six-year contract extension ensures that the principality’s streets will continue to host the pinnacle of open-wheel racing, much to the delight of fans and drivers alike.
A Race Like No Other
The Monaco Grand Prix has been a staple of the Formula 1 calendar since the inaugural world championship season in 1950. The race, which winds through the narrow streets of Monte Carlo, is renowned for its unparalleled glamour, prestige, and technical challenge. Drivers must navigate tight corners, elevation changes, and close barriers with precision and bravery, making a victory in Monaco one of the most coveted achievements in motorsport.
Date Change and Logistics
As part of the new agreement, the Monaco Grand Prix will move to the first full weekend of June from 2026 onward. This shift from its traditional late May slot will help avoid clashes with the Indianapolis 500, another iconic race that has occasionally overlapped with Monaco. The revised date is expected to ease logistical pressure on teams and drivers, allowing them to fully focus on each event.
“I’m delighted that Formula 1 will continue to race in Monaco until 2031,” said F1 chief executive Stefano Domenicali. “The streets of Monte Carlo are unique and a famous part of Formula 1, and the Monaco Grand Prix remains a race that all drivers dream of winning.”
– Stefano Domenicali, F1 Chief Executive
Environmental Impact and Global Reach
The contract extension also prioritizes reducing the environmental impact of the global championship. By optimizing the calendar and logistics, Formula 1 aims to decrease its carbon footprint as it works towards its net zero goal by 2030. This commitment to sustainability ensures that the sport can continue to thrive while minimizing its ecological impact.
The Monaco Grand Prix’s enduring appeal was evident in this year’s viewership figures, with a cumulative audience of more than 70 million fans tuning in worldwide. In the United States, the race was the third most-watched Formula 1 event of all time, underscoring the sport’s growing popularity in key markets.
A New Era of Partnership
Michel Boeri, president of the Automobile Club of Monaco, emphasized the importance of the race to the principality, stating, “The Monaco Grand Prix is the most important sporting event here and continues to attract hundreds of thousands of spectators to the principality and millions of global television viewers worldwide.”
The contract extension marks a new era of partnership and innovation between Formula 1 and Monaco. By working together to enhance the race experience, optimize logistics, and reduce environmental impact, both parties are committed to ensuring that the Monaco Grand Prix remains a highlight of the motorsport calendar for years to come.
Looking to the Future
As Formula 1 continues to evolve and expand its global reach, the Monaco Grand Prix will remain a constant – a timeless celebration of the sport’s history, prestige, and unrivaled excitement. With its future secure until 2031, fans can look forward to many more years of witnessing the world’s best drivers tackle the ultimate test of skill and bravery on the streets of Monte Carlo.
The extension of the Monaco Grand Prix contract is not only a testament to the race’s enduring appeal but also a reflection of Formula 1’s commitment to preserving its rich heritage while embracing a sustainable future. As the sport continues to captivate audiences around the world, the Monaco Grand Prix will undoubtedly remain a crown jewel in the calendar, a race that encapsulates the essence of Formula 1 – passion, prestige, and unparalleled excitement.
